2005
DOI: 10.1159/000087958
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Patenting and Licensing of University-Based Genetic Inventions – A View from Experience at Stanford University’s Office of Technology Licensing

Abstract: University technology transfer offices license inventions created at universities to companies looking for tools, additions to their product pipelines, improvements or start-up opportunities. This paper will cover the motivations for conducting university technology transfer, an overview of Stanford’s Office of Technology Licensing and its patenting and licensing practices, models of royalty sharing at university technology transfer offices, and patenting and licensing genetic information inventions at Stanfor… Show more

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Cited by 6 publications
(5 citation statements)
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“…They take care of the patenting process and the subsequent out‐licensing or transfer of these patents to industrial parties, involving a monetary return in the form of royalties, milestone payments, and/or shares in spin‐off companies 31–33 . In the sporadic case that an academic invention leads to a successful product, these returns can be substantial for universities and researchers 34 …”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…They take care of the patenting process and the subsequent out‐licensing or transfer of these patents to industrial parties, involving a monetary return in the form of royalties, milestone payments, and/or shares in spin‐off companies 31–33 . In the sporadic case that an academic invention leads to a successful product, these returns can be substantial for universities and researchers 34 …”
Section: Methodsmentioning
confidence: 99%
“…[31][32][33] In the sporadic case that an academic invention leads to a successful product, these returns can be substantial for universities and researchers. 34 Besides, KTOs may support academic institutions in starting spin-off companies to further their inventions with private investments. 35 Starting a spin-off may seem logical, but comes with the risk of losing control over pricing and access due to the company's high cost of capital and commercial interests of its shareholder.…”
Section: The Traditional Role Of Academics In Medicine Developmentmentioning
confidence: 99%
“…The United States is the first country to implement the IP strategy. At present, common IP operating strategies include the following: (1) inner administrative organization, such as Stanford University's Office of Technology Licensing (OTL) (Leute, 2005); (2) external administrative organization, such as Wisconsin University's Wisconsin Alumni Research Foundation (WARF) (Golden, 2010); and (3) outsourcing to professional organizations, such as the College Licensing Corporation (CLC) (Qiu et al, 2011). All these operating strategies have effectively improved the IP transfer rate in universities, increased the innovation enthusiasm of university researchers and promoted the technological innovation competitiveness of the whole country.…”
Section: Literature Reviewmentioning
confidence: 99%
“…When it comes to performances of university research commercialization, the USA is generally regarded as a role model. For instance, Stanford's Cohen‐Boyer recombinant DNA cloning technology generated “over US$ 50 million in cumulative income” (Leute, 2005, p. 221), which is widely regarded as an exemplary case in commercializing university research. However, other scholars present different voices.…”
Section: Literature Reviewmentioning
confidence: 99%